Hunter Pence Getty

Giants, Hunter Pence agree to five-year, $90 million extension

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UPDATE: Andrew Baggarly of CSNBayArea.com hears that Pence’s new deal will include a no-trade clause.

1:30 p.m. ET: Alex Pavlovic of the San Jose Mercury News reports that the two sides have agreed to a deal, pending a physical.

1:28 p.m. ET: FOX Sports’ Ken Rosenthal adds that it would be a five-year, $90 million deal.

1:18 p.m. ET: CBS Sports’ Jon Heyman reports that the Giants and Pence are “closing in” on a $90 million deal. The contract would carry an AAV (average annual value) of $18 million per season, topping Andre Ethier’s five-year, $85 million ($17 million AAV) extension from last year. Pence’s new deal will likely set the bar for free agent outfielders like Shin-Soo Choo and Jacoby Ellsbury this winter.

10:08 a.m. ET: Hunter Pence is poised to do quite well in free agency this winter, but it’s possible he’ll come to an agreement with the Giants before getting a chance to hit the open market.

In an unusual scene, Andrew Baggarly of CSNBayArea.com reports that Pence and Giants president Larry Baer had a long discussion in the clubhouse “within earshot of reporters” after last night’s game in which they appeared to be discussing a new contract. Baer merely said that he was congratulating Pence for winning the team’s Willie Mac Award, given annually to the team’s most inspirational player, but the impending free agent confirmed that the two sides are discussing a contract and that a deal could be imminent.

“They’re about to get back to me, seriously,” Pence said. “So we’re either really close or really far away.”

Like, close as in he could reach an agreement before everyone scatters for the winter on Sunday?

“Yeah,” Pence said. “I’ll know shortly. We’ll just say we’re talking, I guess.”

His quotes came hours after general manager Brian Sabean called re-signing Pence the first priority among the “heavy lifting” prior to the start of the free agency period. The club also hopes to retain Tim Lincecum and Javier Lopez.

Pence has enjoyed one of his best seasons this year, batting .282/.339/.481 with 26 home runs and 94 RBI over 160 games. The 30-year-old has previously said that he would pass up free agency to sign a multi-year deal with the Giants, but he’s obviously not going to come cheaply.

Your 2016 Winter Meetings Wrapup

national-harbor
Gaylord National Resort
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OXON HILL, MD — The 2016 Winter Meetings are over.  As usual, there was still no shortage of excitement this year. More trades than we’ve seen in the past even if there are still a lot of free agents on the market. Whatever the case, it should make the rest of December a bit less sleepy than it normally is.

Let’s look back at what went down here at National Harbor this week:

Well, that certainly was a lot! I hope our coverage was useful for you as baseball buzzed through its most frantic week of the offseason. And I hope you continue coming back here to keep abreast of everything happening in Major League Baseball.

Now, get me to an airport and back home.

Eighteen players selected in the Rule 5 Draft

rule-5
MLB
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OXON HILL, MD — The Rule 5 Draft just went down here at National Harbor. As always, it was the last event of the Winter Meetings. As usual, you likely don’t know most of the players selected in the Draft, even if a couple may make a splash one day in the future.

In all, 18 players were taken in the Major League phase of the Rule 5. Here they are, with the name of the team which selected them:

Round 1
1. Twins:  Miguel Diaz, RHP, Brewers
2. Reds: Luis Torrens, C, Yankees
3. Padres: Allen Cordoba, SS, Cardinals
4. Rays: Kevin Gadea, Mariners
5. Braves: Armando Rivero, RHP, Cubs
6. D-backs: Tyler Jones, RHP, Yankees
7. Brewers: Caleb Smith, LHP, Yankees
8. Angels  Justin Haley,RHP, Red Sox
9. White Sox:  Dylan Covey, RHP, A’s
10. Pirates: Tyler Webb, LHP, Yankees
11. Tigers: Daniel Stumpf, LHP, Royals
12. Orioles: Aneury Tavarez, 2B, Red Sox
13. Blue Jays: Glenn Sparkman, RHP, Royals
14. Red Sox: Josh Rutledge, INF, Rockies
15. Indians: Holby Miller, LHP, Phillies
16. Rangers: Michael Hauschild, RHP, Astros

Round 2
17. Reds:  Stuart Turner, C, Twins
18. Orioles:  Anthony Santander, OF, Indians

For a breakdown of most of these guys and their big league prospects, check this story out at Baseball America. Like I said, you don’t know most of these guys. And, while there have been some notable exceptions in Rule 5 Draft history, most won’t make a splash in the big leagues.

Each player cost their selecting team $100,000. Each player must remain on the 25-man roster of his new club for the entire season or, at the very least, on the disabled list. If he is removed from the 25-man, the team which selected him has to offer him back to his old team for a nominal fee. Sort of like a stocking fee when you return a mattress or something. Many of these guys, of course, will not be returned and, instead, will be stashed on the DL with phantom injuries.

Aren’t transactions grand?